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PendragonY

PendragonY
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  • You Can Absolutely, Positively, Retire Early... Maybe [View article]
    Just-an-opinion,

    "But probably one-half or more of Americans simply don't save enough to make a difference in their retirement."

    Fixed your claim for you.
    Mar 3, 2015. 07:00 AM | Likes Like |Link to Comment
  • You Can Absolutely, Positively, Retire Early... Maybe [View article]
    "the transaction costs of buying stocks outright pale in comparison to the fees extracted from the asset base of a fund on an annual basis."

    Only if you are doing a lot of buying and selling. Last year the commission on my IRA portfolio, where since I was building the initial stock positions I had a lot more than normal transactions, those commissions turned out to be about equal to 1 year of fees from the mutual funds I owned when that money was in a 401k.
    Mar 3, 2015. 06:56 AM | Likes Like |Link to Comment
  • ONEOK Reduces Dividend Guidance, How Bad Is It? [View article]
    I am just crushed to have a stock with a high yield that is only going to grow its dividend at about twice the rate of inflation.
    Mar 1, 2015. 07:33 AM | 3 Likes Like |Link to Comment
  • My Retirement Portfolio Generates 8.8% Of Income For This Retiree: Updated [View article]
    "I did not shout out a dividend RAISE, capital letters were not meant as a shout, only to point out that Robert missed it, because he only sees dividend CUTS when he looks at AGNC, and he missed a RAISE."

    I don't think it was an actual raise, but rather an effect of rounding. And as a raise it pales in comparison to even the smallest of the multiple cuts in dividends that AGNC has had over the last couple of years.

    You seem to miss why people have an issue with AGNC. Its not that it pays a large dividend, its that you can't in any way rely on that dividend going forward. And if you have been following it for any length of time, you should see that the dividend is ALWAYS at risk. As I pointed out, just a little while ago they had to slash their dividend multiple times because of talk that the Fed would increase interest rates! And you have such a large position that something similar will make a huge dent in your income stream.
    Feb 26, 2015. 07:04 AM | 3 Likes Like |Link to Comment
  • My Retirement Portfolio Generates 8.8% Of Income For This Retiree: Updated [View article]
    "You also missed the fact that it was a dividend RAISE!"

    I don't think shouting out an apparent penny a quarter raise is appropriate given that its smallest cut among many in the last few years was 15 times larger.
    Feb 24, 2015. 07:01 AM | 1 Like Like |Link to Comment
  • My Retirement Portfolio Generates 8.8% Of Income For This Retiree: Updated [View article]
    "The entire AGNC story is a very successful one. "

    I wouldn't say very, but yes, it has been successful. BUT that doesn't make it a stock for those who want or need a steady income source.
    Feb 24, 2015. 06:57 AM | 1 Like Like |Link to Comment
  • My Retirement Portfolio Generates 8.8% Of Income For This Retiree: Updated [View article]
    D#1,

    As Robert points out, paying a dividend for less than 2 quarters that is the same isn't a good definition of steady in my book. And what do you think caused the last drop in dividend payments? TALK about an eventual FED rate cut and TALK about a slowing of FED purchases of bonds. That caused a big enough spike in interest rates that AGNC had to cut its dividend by more than half.
    Feb 24, 2015. 06:56 AM | 1 Like Like |Link to Comment
  • My Retirement Portfolio Generates 8.8% Of Income For This Retiree: Updated [View article]
    "Most funds have reasonable fees. "

    No, most funds don't. Some have fees that aren't too unreasonable. But I still refuse to pay someone to lose me money. I can do that without any help.
    Feb 23, 2015. 07:31 PM | 7 Likes Like |Link to Comment
  • Don't Over Think It, Buy Johnson & Johnson [View article]
    "As you know, once the biosimilar arrives, the brand collapses in terms of price."

    That is dependent on how quickly the biosimilar can be developed, how it performs versus the brand drug, how easily it can be manufactured and production ramped up and how well it is received by doctors. JNJ has plenty of experience with this and with handling the transition.
    Feb 23, 2015. 06:55 AM | Likes Like |Link to Comment
  • My Retirement Portfolio Generates 8.8% Of Income For This Retiree: Updated [View article]
    "Additionally the AGNC monthly dividend is steady and sizable."

    As a past owner of AGNC, I can tell you that that statement just isn't true. Wait till there is even talk about a rate hike that is more serious than today's idle speculation that at some point rates will have to go up and see what happens to that dividend payout. Been there, been burned by that and didn't have anything like the dependency you have on AGNC (and I owned MTGE as well, it had nearly identical problems with a slightly bigger swing).
    Feb 23, 2015. 06:52 AM | 3 Likes Like |Link to Comment
  • Don't Over Think It, Buy Johnson & Johnson [View article]
    "We see Mr. Buffett BRK with his largest cash pile ever."

    I see Dale you are still trying to claim that this has anything to do with the rest of your post. BRK has a large cash pile, because it needs a large pile to "hunt elephants" as Buffett puts it.
    Feb 22, 2015. 10:57 AM | 5 Likes Like |Link to Comment
  • Linn Energy: Can The Rally Continue? [View article]
    http://bit.ly/1CYG5BR

    Well there is one refinery that is designed to handle that kind of oil.
    Feb 22, 2015. 09:48 AM | Likes Like |Link to Comment
  • The Dividend Growth Investing Mindset [View article]
    "So a factor is not needing to switch to retirement planning at an inopportune point of the market."

    An important factor for me was not spending years learning one way to manage a portfolio to then switch, at a point where I likely wouldn't have much income outside the portfolio to cover mistakes, to a different way of managing it. I didn't want to waste all that time developing skills that would then have to be abandoned and to then learn new skills.
    Feb 21, 2015. 09:16 AM | 5 Likes Like |Link to Comment
  • Linn Energy: Can The Rally Continue? [View article]
    Torrance is an ExxonMobile refinery that process 155K barrels a day. I can't find any info on how much oil from Linn goes there, but its possible if its offline for more than a short time that Linn's production will just go elsewhere.
    Feb 19, 2015. 07:03 AM | Likes Like |Link to Comment
  • Coca-Cola: What's The 2015 Dividend Raise? [View article]
    KO's moat is its distribution network. And it IS more than just sugary drinks. It has dozens of brands, many of them healthy beverages.
    Feb 19, 2015. 06:56 AM | Likes Like |Link to Comment
COMMENTS STATS
7,162 Comments
11,666 Likes